Terramin Australia Limited (ASX: TZN) is an emerging base metal producer with pre-production assets in Algeria and South Australia. Terramin aims to become a top 5 single commodity zinc producer by leveraging production at its Algerian Tala Hamza Zinc Project and capitalising on proximity to infrastructure and its low capital and operating costs. This project on the Mediterranean coast of Algeria is a joint venture with two Algerian government-owned companies. Terramin has precious metals assets in Australia which it is considering demerging in 2019 to allow greater focus on the development of the precious metal business.
Plans & Latest Developments:
Terramin is advancing approvals for both the Tala Hamza zinc and lead project in Algeria and the Bird-in-Hand Gold Project in South Australia. Terramin has completed a Definitive Feasibility Study (DFS) on Tala Hamza and is waiting for feedback from the Algerian government before proceeding with the project. Terramin is undertaking water re-injection trials in support of its Mining Lease Application for the high grade Bird-in-Hand Gold Project in South Australia.
Why should investors invest in you?
Terramin provides investors exposure to two quality pre-production assets now well advanced in the permitting process. The Tala Hamza project on the Mediterranean Coast of Algeria provides a long life zinc and lead asset in a strategic location and within an emerging mining jurisdiction. The Bird in Hand gold Project provides investors a high grade, quality gold project with an existing processing facility and expansion potential.
Stock Exchange Listing:
Base Metals | Gold | Precious Metals | Zinc
Stage of Development:
Countries of Operation:
South Australia | Algeria
- Feng Sheng – Chairman
- Michael Kennedy – Vice Chairman
- Angelo Siciliano – Non Executive Director
- Kevin McGuinness – Non Executive Director
- Wang Xinyu – Executive Director
- Richard Taylor – Chief Executive Officer
- Simon Iacopetta – Chief Financial Officer